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Loss Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Loss Per Share

17. Loss Per Share

 

Basic and diluted loss per share allocable to common stockholders are computed as follows:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(In thousands except per share data)

 

 

(In thousands except per share data)

 

Net loss

 

$

(35,744

)

 

$

(64,363

)

 

$

(91,249

)

 

$

(134,637

)

Weighted average shares outstanding

 

 

166,990

 

 

 

102,053

 

 

 

155,658

 

 

 

101,922

 

Basic and diluted loss per share allocable to common stockholders

 

$

(0.21

)

 

$

(0.63

)

 

$

(0.59

)

 

$

(1.32

)

 

The following common stock equivalents were excluded from the calculation of diluted loss per share allocable to common stockholders because their inclusion would have been anti-dilutive:

 

 

 

As of June 30,

 

 

 

2022

 

 

2021

 

 

 

(In thousands)

 

Stock options

 

 

15,423

 

 

 

12,058

 

Restricted stock units

 

 

1,493

 

 

 

1,358

 

Shares issuable under employee stock purchase plan

 

 

83

 

 

 

113

 

Series A Preferred Stock (if converted)

 

 

 

 

 

3,378

 

Warrants

 

 

8,153

 

 

 

2,500

 

 

 

 

25,152

 

 

 

19,407